Lane & Associates LLC Sells 568 Shares of Invesco BuyBack Achievers ETF (NASDAQ:PKW)

Lane & Associates LLC trimmed its position in Invesco BuyBack Achievers ETF (NASDAQ:PKW) by 9.6% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 5,360 shares of the exchange traded fund’s stock after selling 568 shares during the period. Lane & Associates LLC’s holdings in Invesco BuyBack Achievers ETF were worth $614,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Pacific Wealth Strategies Group Inc. boosted its position in Invesco BuyBack Achievers ETF by 8.6% in the 3rd quarter. Pacific Wealth Strategies Group Inc. now owns 114,159 shares of the exchange traded fund’s stock valued at $13,073,000 after buying an additional 9,046 shares during the last quarter. Legacy Capital Wealth Partners LLC boosted its position in shares of Invesco BuyBack Achievers ETF by 27.4% in the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 100,315 shares of the exchange traded fund’s stock worth $10,957,000 after purchasing an additional 21,547 shares during the last quarter. Raymond James & Associates boosted its position in shares of Invesco BuyBack Achievers ETF by 37.6% in the 2nd quarter. Raymond James & Associates now owns 78,539 shares of the exchange traded fund’s stock worth $8,160,000 after purchasing an additional 21,481 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Invesco BuyBack Achievers ETF in the 1st quarter worth $7,785,000. Finally, Koshinski Asset Management Inc. boosted its position in shares of Invesco BuyBack Achievers ETF by 10.4% in the 3rd quarter. Koshinski Asset Management Inc. now owns 59,934 shares of the exchange traded fund’s stock worth $6,864,000 after purchasing an additional 5,646 shares during the last quarter.

Invesco BuyBack Achievers ETF Stock Up 0.7 %

NASDAQ:PKW opened at $123.75 on Friday. Invesco BuyBack Achievers ETF has a 12-month low of $91.24 and a 12-month high of $123.86. The firm has a market capitalization of $1.31 billion, a P/E ratio of 12.93 and a beta of 1.09. The stock’s fifty day simple moving average is $116.40 and its 200-day simple moving average is $109.57.

Invesco BuyBack Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.23 dividend. This is a positive change from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco BuyBack Achievers ETF Company Profile

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.